The director of Harvard University's Joint Center For Housing Studies says Indianapolis' efforts to address housing affordability are increasing the quality of life in areas hard-hit by the recession. Eric Belksy specifically points to Super Bowl Legacy projects and the Indianapolis Cultural Trail. He believes government subsidies to help keep rent levels down will be key to further progress. Belsky is speaking this morning at the Indianapolis Neighborhood Housing Partnership's annual community breakfast.
Originally Posted May 4, 2014
Indianapolis, Ind. — The Indianapolis Neighborhood Housing Partnership (INHP) will host its annual Community Breakfast on Tuesday, June 10, 2014, at 8:30 a.m. at the JW Marriott Downtown. Dr. Eric Belsky, managing director of the Joint Center and a Lecturer in Urban Planning and Design at the Harvard Graduate School of Design, will serve as the keynote speaker. The event is jointly sponsored by the Lilly Endowment Inc. and State Farm.
The INHP Community Breakfast is a celebration of Indianapolis individuals and families who successfully become and remain long-term, successful homeowners. The event raises awareness of important housing issues facing Indianapolis residents, neighborhoods and communities. Nearly 500 attendees are expected at this year’s event. Attendees include hundreds of leaders from local area businesses, financial institutions, civic organizations, government agencies and philanthropic groups. Tickets are available for sale at www.inhp.org.
“We are very grateful to have the continued support of State Farm and the Endowment as joint event sponsors and more importantly, as long-term partners that share INHP’s commitment to strengthening the community,” said Moira Carlstedt, president of INHP. “Through the Community Breakfast, we aim to highlight the impact homeownership has on families and neighborhoods by celebrating the successes of our clients and through a discussion on national and local housing issues led by this year’s keynote speaker, Dr. Belsky.”
Dr. Belsky has extensive experience conducting research on housing markets, housing finance and housing policy. Prior to his Harvard appointments, Dr. Belsky led the Housing Finance and Credit Analysis Group at Price Waterhouse LLP. He has also held the positions of Director of Housing Finance Research at Fannie Mae, Senior Economist at the National Association of Home Builders, and Assistant Professor at the University of Massachusetts at Amherst. Dr. Belsky currently serves on the editorial boards of the Journal of Housing Research and Housing Policy Debate, the board of the Opportunity Finance Network, the Affordable Housing Advisory Council of Fannie Mae, and the National Advisory Council of CredAbility. In 2001 and 2002, Dr. Belsky also served as Research Director for the bipartisan Millennial Housing Commission established by the Congress of the United States.
“2014 is the seventh year State Farm has co-sponsored INHP's Community Breakfast event,” said David Champ, State Farm’s vice president of agency. “This important sponsorship is just one of the many ways we partner with INHP and support affordable housing, homeownership, community revitalization and economic development in the Indianapolis region. We’re proud to be part of this momentous celebration again.”
ABOUT INDIANAPOLIS NEIGHBORHOOD HOUSING PARTNERSHIP (INHP)
Established in 1988, The Indianapolis Neighborhood Housing Partnership (INHP) is the leading homeownership resource in Marion County dedicated to supporting neighborhoods and serving homeowners and homebuyers with low, moderate and middle incomes. INHP is a Community Development Financial Institution (CDFI) and partners with dozens of local, state and federal government agencies, community organizations, civic groups, banks and lending institutions and corporations to achieve its mission. As a trusted nonprofit, INHP has empowered thousands of working families for over 25 years to become and remain homeowners. The organization offers US Department of Housing and Urban Development (HUD) certified pre-purchase homeownership education and financial and mortgage advising as well as a variety of affordable mortgage, refinancing and home improvement loan options. INHP’s comprehensive homeowner and homebuyer services are designed to create and support homeowners who can sustain their investment in their homes—ultimately helping to strengthen and encourage the growth of vibrant Indianapolis neighborhoods. For more information, visit www.inhp.org or call 317.610.HOME.
ABOUT LILLY ENDOWMENT INC.
Lilly Endowment is an Indianapolis-based private philanthropic foundation created in 1937 by three members of the Lilly family through gifts of stock in their pharmaceutical business, Eli Lilly and Company. Gifts of stock in the company remain the financial bedrock of the Endowment which is, however, a separate entity from the company, with a distinct governing board, staff and location. In keeping with the wishes of the founders, the Endowment exists to support the causes of community development, education, and religion and maintains a special commitment to its hometown, Indianapolis, and home state, Indiana.
ABOUT STATE FARM
State Farm and its affiliates are the largest provider of car insurance in the U.S. and is a leading insurer in Canada. In addition to providing auto insurance quotes, their 18,000 agents and more than 65,000 employees serve 81 million policies and accounts – more than 79 million auto, home, life and health policies in the United States and Canada, and nearly 2 million bank accounts. Commercial auto insurance, along with coverage for renters, business owners, boats and motorcycles, is also available. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 44 on the Fortune 500 list of largest companies. For more information, please visit http://www.statefarm.com or in Canada http://www.statefarm.ca.
Source: Indianapolis Neighborhood Housing Partnership